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DBA - Agricultural Commodities Moving Into The February WASDE Report
Invesco DB Agriculture Fund
On Tuesday, February 11, at noon EST, the US Department of Agriculture will release its second World Agricultural Supply and Demand Estimates report of the year. The February WASDE will set the state for the 2020 planting season, which commences in late March and April.
The monthly WASDE report is the gold-standard when it comes to supply and demand fundamentals for agricultural markets in the United States and around the world. When the data in the monthly report from the USDA differs from market expectations, volatility tends to increase in the agricultural futures market. The